Euclid Power Secures $20M to Accelerate AI-Driven Renewable Energy Deployment

September 9, 2025, 3:39 pm
Venrock
Venrock
Location: United States, California, Palo Alto
Employees: 51-200
Founded date: 1969
Designer Fund
Designer Fund
HealthTechFinTechPlatformSoftwareToolsDesignCareProductDataOnline
Employees: 11-50
Founded date: 2012
Toba Capital
Toba Capital
Employees: 11-50
Founded date: 2012
Euclid Power
Euclid Power
AIB2BProjectManagementRenewableEnergySoftware
Location: United States
Employees: 51-200
Founded date: 2021
Total raised: $20M
Euclid Power just secured $20 million in Series A funding. Venrock led the round, with HSBC Asset Management also investing. This capital fuels Euclid's AI-powered operating system for renewable energy. The platform streamlines project development, accelerating solar and storage deployment. It cuts transaction timelines significantly, moving projects from months to days. This funding comes as the U.S. faces a severe power crisis, driven by surging demand from AI and manufacturing. Euclid's technology is critical. It helps developers navigate complex regulations. It boosts the clean energy transition. The company plans to expand its AI capabilities and services team. This directly addresses the urgent need for faster, more efficient renewable energy integration across the nation.

Euclid Power has announced a significant Series A funding round. The renewable energy operating system provider secured $20 million. This capital infusion arrives at a critical juncture for the US energy grid. It will accelerate the deployment of clean energy solutions.

Venrock led the substantial investment. HSBC Asset Management also participated. Existing investors reinforced their commitment. Spero Ventures, Toba Capital, Designer Fund, and Commonweal Ventures all joined the round. This broad support signals strong market confidence in Euclid's vision and technology.

Euclid Power is based in New York City. The company specializes in an operating system designed for renewable energy project development. Its platform integrates technical, commercial, and financial expertise. It streamlines complex processes. This allows for faster, more efficient project execution.

The new funds will power several key initiatives. Euclid plans to accelerate its AI-enabled workflows. It will expand its product suite. The company will also strengthen its services team. These actions aim to meet the escalating market demand for speed and scale in renewable energy.

America faces an unprecedented power crisis. Electricity demand is surging. AI data centers are a primary driver. Resurgent manufacturing also contributes. Transportation electrification adds further strain. Experts estimate US electricity demand will grow 25 percent by 2030. Utilities struggle to supply this stressed grid.

Rapid deployment of renewable energy offers the best solution. It provides the cheapest, quickest source of new power. Renewables are set to deliver 93 percent of new power buildout this year. However, new federal compliance rules threaten to slow this progress. Euclid provides a crucial counter.

Euclid’s platform offers clarity, speed, and control. It helps renewable energy teams keep projects moving. The company’s disciplined workflows are refined. Over 1,000 projects inform its approach. More than 12 gigawatts of solar and storage experience guides its technology. Precision, quality, and speed are the outcomes.

The company’s AI engine is a game-changer. It automatically tags project documents. It extracts vital data points. Cost lines, deadlines, and risk indicators are all identified. This creates a single, up-to-date source of project information. It transforms scattered documentation into actionable intelligence.

This technology allows clients to cut diligence and transaction timelines. Processes that once took months now complete in days. Some clients report timeline reductions of up to 60 percent. This efficiency is paramount in the current market. Fast deployment is essential for grid stability.

Euclid empowers developers, investors, and asset owners. It helps them identify risks early. It ensures audit-ready documentation. It facilitates faster deal closures. Precision is never sacrificed. Clients like UBS, Catalyze, and Apollo Global Management rely on Euclid.

Since its founding in 2021, Euclid has made significant strides. Founders Jacob Sandry, Ryan Guay, and Brian DeMaio established a robust system. It has onboarded over 12 gigawatts of solar and storage capacity. It has supported more than $10 billion in renewable energy investments.

The company doubled its enterprise client list in the first quarter alone. This growth reflects the urgent industry need. Renewable energy teams require tools to develop projects faster. They must respond to the rising demand for power. Euclid provides that critical infrastructure.

The clean energy transition is complex. Regulatory friction and market uncertainty persist. Euclid helps customers navigate these challenges. It provides the precision their projects demand. It unlocks gigawatts of new energy resources. It fundamentally changes how deals get done.

This funding ensures Euclid can scale its operations. It supports the urgent clean energy transition. The company remains committed to advancing renewable energy deployment. It delivers an essential operating system for a vital industry. Euclid Power is poised for significant impact on the US energy landscape.